Exploring Novel Techniques To Assess Food Price Shocks
PI - Aled Jones (Anglia Ruskin University)
Food Side Co-Investigator - Valeria Shumaylova (University Of Cambridge)
Food Side Co-Investigator - Valeria Shumaylova (University Of Cambridge)
Food systems represent a significant risk to financial and political stability in a number of regions around the world. The Global Sustainability Institute at Anglia Ruskin University has been building models, gathering data and developing methods to explore the dynamics involved in civil unrest, financial instability and local responses associated with food production shocks. These include agent based modelling, systems dynamic modelling, narratives, scenario development, access to weather systems monitoring and war gaming. However, the analysis techniques applied to understanding historic food price dynamics as a result of production shocks are simple econometric tools such as regression testing. A much more sophisticated approach to data analysis could yield new insights in historic price shocks that would better inform policy and market based responses. By working with STFC expertise from the Department of Applied Mathematics and Theoretical Physics at the University of Cambridge this project will explore some of those techniques.
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2018 AWARDED SCOPING PROJECT - More scoping projects
Read more about this project in this blog.
Read a review of this project.
Read another blog about this project.
2018 AWARDED SCOPING PROJECT - More scoping projects